The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. The miles driven during the past 5 years are as follows: Year 1 2 3 4 5 Mileage 3,050 3,950 3,400 3,750 3,800 a) Using a 2-year moving average, the forecast for year 6 = miles (round your response to the nearest whole number).
The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. The miles driven during the past 5 years are as follows: Year 1 2 3 4 5 Mileage 3,050 3,950 3,400 3,750 3,800 a) Using a 2-year moving average, the forecast for year 6 = miles (round your response to the nearest whole number).
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Please answer the question in the picture attached below! Thank you so much!
![The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. The miles
driven during the past 5 years are as follows:
Year
1
2
3
4
Mileage
3,050
3,950
3,400
3,750
3,800
a) Using a 2-year moving average, the forecast for year 6 =
miles (round your response to the nearest whole number).](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F486f0abb-f9b2-484f-831d-c29988945553%2F9b29e844-1b2b-40a6-8b8b-592167d079cd%2F9ndw93a_processed.png&w=3840&q=75)
Transcribed Image Text:The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. The miles
driven during the past 5 years are as follows:
Year
1
2
3
4
Mileage
3,050
3,950
3,400
3,750
3,800
a) Using a 2-year moving average, the forecast for year 6 =
miles (round your response to the nearest whole number).
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